Encore Boston Harbor casino expansion project suspended

The project to expand Encore Boston Harbor's casino has been put on hold. The parent company of Encore, Wynn Resorts, stated that it and the city of Everett could not come to an agreement on taxes, impact fees, and infrastructure upgrades.

With the city of Everett, they are unable to quickly come to an agreement on property taxes, impact fees, and infrastructure upgrades. They owe it to our shareholders to address these problems until a financially sound solution is found.
 
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